Wisconsin Graduates Struggling with Student Debt

Democrats Think Governor Walker's Tuition Freeze is not Enough

Governor Scott Walker at the State of the State address spoke about his freeze on tuition. Tuition rates in Wisconsin have remained the same for four years now, saving students seeking a higher education thousands of dollars.

However, Democrats and others have raised concerns that the Governor's plan does not address students who've finished school. A 2014 study by the Institute for College Access and Success found 70 percent of Wisconsin graduates have student loan debt, the third highest rate in the nation.

Hair stylist Natasha Glando works at Cost Cutters, she recently graduated from Cosmetology School. The loans she had to take out while in school has made life difficult for the single mother.

"I have bills to pay," said Glando. "It was really hard for me to get an apartment because my credit is bad because of my student loans."

Her manager at Cost Cutters, Leanne Lambert, has witnessed the struggle of young professionals. She said that people just starting out life sometimes have a tough time.

"If they lose their job or don't get one right away they have to defer on their payments," said Lambert. "Then the interest keeps adding up and the farther they go in the hole."

Current students are benefiting from Governor Walker's tuition freeze. Bridget Schedler, a senior at UWGB said she appreciated that the cost of higher education hasn't increased.

"I'm really thankful for it, it's helpful for sure," said Schedler. "I'm going to graduate school so I will be taking out more loans."

Democrats have criticized the Governor for not allowing people to refinance their loans, the way someone would on a car or a home.

 


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